Seems like BTC just hit the resistance level at 110K
Are we going to see BTC breaking 120K level sooner?
How fast can it reach and what is everyone thinking of?
This month Bitcoin has grown a lot and has been able to create new ATH in the market, which was really interesting, it has grown rapidly. However, if we look at the market candles now, it has moved down a lot but it may be a temporary decline. But next month, the Bitcoin market has a tendency to rise much higher, touching 120 is not a difficult task that the Bitcoin market can run at any moment. I think since the market has been dumping a little at the moment, it will not be prolonged but may be for a short period of time and the market will rise again later. However, in 2025, there is a possibility that the Bitcoin market will cross $150k, and crossing $120k may be next month.
Bitcoin has recently dumped a bit after making a new ATH, and it is currently at 105K, but this is definitely a temporary decline, there is a high possibility of seeing Bitcoin at 120K next month. There is no reason to panic about this current small dump, Bitcoin will recover from such dumping very soon, so you should think about buying more during this dump. With the rate at which Bitcoin acceptance is constantly advancing, Bitcoin will gain a much larger place than people expect. And only if you think about holding for the long term, then it will give the most effective results.